Director, Treasury

About the Company
Our client is a leading North American manufacturing company. They are looking for a Director, Treasury to join their team!

Why Work Here

• Canadian headquartered global company
• Excellent boss and mentor
• Strong total compensation package
• Pension: RSP - 6% employee, employer 3%
• CPA dues: Yes

About the Opportunity

• Liquidity/Cash Management & Forecasting
  • Oversee daily cash positioning, cash concentration, and funding strategies for frictionless operational liquidity.
  • Maintain sophisticated short and medium-term cash flow models, performing variance analysis to improve predictive accuracy.
  • Oversee and improve working capital models, setting targets that align with corporate financial goals; liaise with business owners to implement strategies for successful execution and track results.
  • Subject Matter Expert (SME) for Kyriba Treasury Management system, driving further automation of manual workflows across the Treasury team.
• Debt & Capital Markets Support
  • Serve as the primary lead for the company’s revolving credit facility and bond portfolio; ensure compliance with all agreements and indentures.
  • Execute and manage debt principal & interest payments, including daily borrowings/repayments under revolving credit facility.
  • Support capital markets activities, including debt/other financing, and contribute to capital allocation initiatives such as share repurchase programs.
  • Oversee the company’s Letter of Credit and Surety Bond programs.
• Day-to-day Banking / Treasury Operations Support
  • Ensure appropriate fraud prevention controls are in place to support operational integrity.
  • Manage banking relationships, oversight of all banking portals, access protocols, KYC requirements and signing authorities.
  • Daily execution and oversight of daily wire transfers, including high-value M&A payments.
  • Partner cross-functionally with Finance, Tax, Legal, and Corporate Development to support funding needs, projects, and strategic initiatives; lead the Treasury integration of newly acquired entities.
  • Lead the implementation and maintenance of banking services across the organization (Positive Pay, Lockbox, Merchant Services); negotiate competitive pricing and evaluate emerging treasury technologies.
• Governance & Accounting
  • Ensure all Treasury month-end schedules required to support the month end close and financial reporting are completed accurately and delivered on a timely basis.
  • Support the company’s hedging strategies, monitor valuations, and review quarterly hedge accounting.
  • Update and maintain Treasury policies, procedures and internal controls to support internal audit and SOX compliance.

About You

• CPA with 10 years of progressive Treasury experience with at least 3 years in a leadership capacity.
• Hands-on experience with Kyriba (or similar TMS) and a variety of banking portals.
• Proven ability to partner cross-functionally with other departments and business owners.
• A history of automating manual processes and improving predictive financial modeling.
• Expert in principles of working capital management.
• Previous direct exposure to acquisition integrations.
• Strong interpersonal and communication skills.
• Collaborator with positive attitude and strong work ethic.

Salary Range
$160,000 - $185,000 / year

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #473916

This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.